Question

The account which shows the classified summary of transaction of a Cash book in Not-for -Profit Organization is called:
(a) Income and Expenditure Account
(b) Receipt and Payment Account
(c) Profit and Loss Account
(d) Subscription Account

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Answer 1

Answer:

here is your answer buddy

income and expenditure account in case of NPO

Explanation:

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Answer 2

Explanation:

A) lncome and Expenditure account

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